{"id":260423,"date":"2025-12-05T06:57:08","date_gmt":"2025-12-05T10:57:08","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=260423"},"modified":"2025-12-05T06:59:40","modified_gmt":"2025-12-05T10:59:40","slug":"germany-itc-support-antigua-based-sids-centre-of-excellence-with-trade-intelligence-investment-support","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/germany-itc-support-antigua-based-sids-centre-of-excellence-with-trade-intelligence-investment-support\/","title":{"rendered":"Germany, ITC support Antigua-based SIDS Centre of Excellence with trade intelligence, investment support"},"content":{"rendered":"
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(Geneva) \u2013 Small Island Developing States (SIDS) are set to unlock new export opportunities and attract greater investment with the establishment of the Small Island Developing States (SIDS) Centre of Excellence, headquartered in Antigua and Barbuda, with funding from Germany and technical support from the International Trade Centre (ITC).<\/p>

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At a signing ceremony held at ITC headquarters, Ambassador Antje Leendertse of Germany to the United Nations in Geneva and ITC Executive Director Pamela Coke-Hamilton<\/a> formalized Germany\u2019s $100,000 contribution to support the Centre\u2019s operations, as championed by Antigua and Barbuda\u2019s Permanent Representative to the United Nations Ambassador Aubrey Webson. The contribution will strengthen the Centre\u2019s role in promoting sustainable, trade-led economic development across SIDS.<\/p>\n\n\n\n

Small island developing states \u2013 a diverse group of 57 economies<\/a> across the Caribbean, the Pacific, and the Atlantic, Indian Ocean and South China Sea \u2013 face a unique combination of social, economic and environmental challenges. Their geographic isolation often results in high import and export costs, while their limited resource bases leave many heavily dependent on external markets.<\/p>

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Expanding into new markets for priority goods and services will be key for SIDS to achieve sustainable, inclusive socioeconomic development.<\/p>

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Tapping into export potential, investment<\/p>\n\n\n\n

In support of these efforts, ITC will provide a SIDS-customized version of its Export Potential Map<\/a>, so businesses \u2013 big and small \u2013 can identify products with strong potential for increased exports as well as new markets and suppliers. Governments will be able to use the tool to find export diversification opportunities and more broadly, to develop data-backed economic development strategies and policies.<\/p>

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Additionally, ITC will provide planning and programmatic support for the inaugural Island Investment Forum in 2026. The Island Investment Forum will serve as a key platform for facilitating strategic partnerships and attracting sustainable, mutually beneficial investment across SIDS.<\/p>\n\n\n\n

The SIDS Centre of Excellence, hosted in Antigua and Barbuda, serves as a flagship initiative under the Antigua and Barbuda Agenda for SIDS<\/a>. Key pillars of the Centre of Excellence include, among others, the SIDS Global Data Hub and the Island Investment Forum.<\/p>

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The Centre of Excellence is steadily taking shape at its headquarters in Antigua and Barbuda. The brand identity of the institution was recently unveiled during a video<\/a> launch and preparations are well underway for its full activation as a flagship initiative under the Antigua and Barbuda Agenda for SIDS.<\/p>

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Notes to the Editor<\/strong><\/p>\n\n\n\n

About the SIDS Centre of Excellence <\/strong>\u2013The SIDS Centre of Excellence (SIDS CoE) is a practical, institutional mechanism designed to advance collaboration, innovation and data-driven policymaking across small island developing states. Established as a key outcome of the Fourth International Conference on Small Island Developing States (SIDS4), held in St. John\u2019s, Antigua and Barbuda, from 28\u201330 May 2024, the CoE is grounded in the Antigua and Barbuda Agenda for SIDS (ABAS): A Renewed Declaration for Resilient Prosperity. Structured around four operational components, it was created to support the implementation of ABAS commitments and drive sustainable development and resilience in SIDS. Core Components include:<\/p>\n\n\n\n

1. Global Data Hub: Establishes an integrated repository and analytics platform for SIDS, providing access to data sources, visualization tools, best practices and technical training to drive evidence-based policymaking.<\/p>\n\n\n\n

2. Innovation and Technology Mechanism: Fosters innovation ecosystems and research collaborations that build productive capacity, promote technology transfer and enable SIDS to develop transformative solutions.<\/p>\n\n\n\n

3. Island Investment Forum: Connects SIDS with strategic investors and partners to catalyze sustainable economic development, strengthen productive sectors and enhance financial resilience.<\/p>\n\n\n\n

4. Debt Sustainability Support Service: Provides analytical and advisory support on debt management and access to financial instruments that enhance fiscal space and reduce vulnerability.<\/p>\n\n\n\n

About the German Mission to the UN and other International Organizations<\/strong> \u2013 The German Mission represents Germany\u2019s interests at the United Nations and the wide range of International Organizations in Geneva. It advances multilateral cooperation, promotes human rights, supports humanitarian efforts and strengthens global governance in areas such as trade, health, disarmament, and sustainable development. Through dialogue and partnership, the Mission contributes to effective multilateral solutions in line with Germany\u2019s commitment to a rules-based international order.<\/p>\n\n\n\n

About the International Trade Centre<\/strong> – The International Trade Centre is the joint agency of the World Trade Organization<\/a> and the United Nations<\/a>. ITC assists small and medium-sized enterprises in developing and transition economies to become more competitive in global markets, thereby contributing to sustainable economic development within the frameworks of the Aid-for-Trade agenda and the United Nations\u2019 Sustainable Development Goals.<\/p>\n

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(Geneva) \u2013 Small Island Developing States (SIDS) are set to unlock new export opportunities and attract greater investment with the establishment of the Small Island Developing States (SIDS) Centre of Excellence, headquartered in Antigua and Barbuda, with funding from Germany and technical support from the International Trade Centre (ITC). At a signing ceremony held at […]<\/p>\n","protected":false},"author":3,"featured_media":260426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-260423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nGermany, ITC support Antigua-based SIDS Centre of Excellence with trade intelligence, investment support - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/germany-itc-support-antigua-based-sids-centre-of-excellence-with-trade-intelligence-investment-support\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Germany, ITC support Antigua-based SIDS Centre of Excellence with trade intelligence, investment support\" \/>\n<meta property=\"og:description\" content=\"(Geneva) \u2013 Small Island Developing States (SIDS) are set to unlock new export opportunities and attract greater investment with the establishment of the Small Island Developing States (SIDS) Centre of Excellence, headquartered in Antigua and Barbuda, with funding from Germany and technical support from the International Trade Centre (ITC). 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